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Senior Compensation Specialist - St Louis, United States - Accounting Career Consultants & HR Career Consultants
Description
Why is This a Great Opportunity?
An opportunity to work for a leader who is focused on team development and ensuring they have the resources necessary to do their role effectively. A growing organization in the STL area that has a strong reputation for being associate focused.
Job Description:
Assist in the development of compensation programs in accordance with guidelines and policies and recommendations on compensation issues and proposals, including compensation program design, evaluation and analysis, cost projections, and communications
Responsible for ongoing compensation initiatives such as annual market review, salary planning, short term and long term incentive plans, and sales incentive plans through data collection/reporting, analysis, data management, transaction assistance, market research, and data integrity audits. Ability to comprehend and apply broad company policies to individualized compensation issues
Administer various sales incentive plans by performing incentive calculations utilizing various data resources, including review of sales data, sales dispute resolution with managers, decision making and product assessment to arrive at determined conclusions, and providing reporting to individual sales team members, management, and Finance
Owns full life cycle of conducting job analysis, evaluation and salary administration to determine appropriate salary grades, ranges, and pricing based on internal and external equity
Work closely with HR business partners and Talent Acquisition teams on proposals for new hire offers, promotions, and adjustments
Deliver accurate, complete and timely submission of required reports, documentation, forecasts and analyses
Support industry market survey submission process as needed. Conduct and participate in compensation surveys
Review survey results and proactively provide the analysis of market trends and recommendations for any changes in our structure or individual adjustments based on the data
Provide market research when needed
Facilitates and manages the equity-based grants and awards processes
Develop documentation for compensation processes and procedures
Assemble and distribute recurring reporting for Finance and Compensation for proper accrual management and expense forecasting exercise
Design and prepare ad hoc compensation related reports
Work under limited supervision as a collaborative team member and independent contributor to support the Compensation and HR team
Work in conjunction with Payroll to research compensation and incentive payment issues
Research sales incentive payment discrepancies, resolve issues and communicate to sales organizations on matters such as sales plan interpretation and compliance with guidelines
Conduct ad-hoc analysis and modeling when appropriate
Leads or assists with review and implementation of HRIS compensation-related items in HR systems
Qualifications
Must be able to work in a fast-paced changing environment and be able to use independent judgment for decisions that may not be straightforward
Knowledge of compensation principals, programs, practices
Strong technical knowledge of excel required including development of spreadsheets with formulas, functions, pivot tables
Demonstrate advanced computer skills, incorporating the ability to effectively leverage technology
Ability to prioritize and handle multiple projects at once
Ability to handle sensitive HR information with high degree of confidentiality and discretion
Must be detail oriented with strong analytical skills and be able to present analytical data in an easily understandable format Supervisory Responsibilities
Qualifications:
Education and/or Experience
Bachelors degree in Business or Human Resources Management or equivalent experience; CCP a plus
A minimum of 3 to 5 years of experience in Human Resources and direct experience / exposure in compensation
Experience in banking or financial services industry is preferred
Experience with Workday is preferred . Computer and Software Skills
Microsoft office suite
Advanced Excel skills
SQL preferred but not required
Google Suite Experience (Docs, Sheets)
Salesforce experience preferred
